philanthropy
42 stories related to this topic, newest first.
focustaiwan.twAsian Philanthropic Groups Increase Climate Funding as U.S. and Europe Cut Aid
Asian organizations are expanding support for climate projects after the United States and several European countries reduced international climate assistance. Reports show current funding covers only a fraction of estimated regional needs.
forbes.comPost highlights value created by companies versus charitable donations
A social media post argues that several companies generate more societal benefit than would result from donating the wealth tied up in their stock. The post lists specific technologies and services offered by the companies.
SemaforBezos Discusses Philanthropy During CNBC Interview
Jeff Bezos stated in a recent interview that his for-profit companies would deliver greater value to society than his charitable giving. The comments prompted discussion among other business figures about how technology billionaires plan to use their wealth.
thehindubusinessline.comReddit Users Discuss Billionaire Wealth and World Hunger Solutions
A Reddit post questioned whether billionaires could end world hunger with a single large donation. The discussion examined practical barriers to such efforts and referenced a prior public exchange with the United Nations World Food Program.
New York PostJeff Bezos Criticizes New York City School Spending During CNBC Interview
Amazon founder Jeff Bezos said New York City spends $44,000 per student on schools but little reaches teachers. He compared the system to Amazon operations and defended his tax views.
nypost.comOpen Society Foundations Pledges $300 Million for U.S. Democracy and Economic Programs
The Open Society Foundations announced a $300 million commitment over five years for initiatives focused on democratic rights and economic security in the United States. The pledge comes amid reported scrutiny of the organization and its leadership from the Trump administration a…
dnaindia.comForbes Adjusts Billionaire Wealth Rankings to Include Prior Charitable Giving
Forbes recalculated the net worth of the world's richest individuals by adding back donations to charity. The adjusted ranking shows several billionaires moving up significantly when past gifts are counted as retained wealth.
jpost.comShaare Zedek Medical Center to Build 800-Bed Tower After $200 Million Donation
Shaare Zedek Medical Center received a $200 million donation from the Koum Family Foundation. The funds will support construction of an 800-bed hospitalization tower over six years.
nypost.comElite Colleges Spend $170 Million to Increase Rural Student Enrollment, Which Remains Low
Byron Trott's initiative has grown to 32 member institutions including Brown, Columbia, Dartmouth, MIT, Stanford and Yale. More than 90,000 rural students applied last year, a 15 percent increase. Amherst College admitted 119 rural applicants this year after joining the network.
app.buzzsumo.comMark Stevens Donates $175 Million to Create Joint Medical School by Santa Clara University and Sutter Health
Nvidia director and venture capitalist Mark Stevens and his wife Mary are giving $175 million to create the Mark & Mary Stevens School of Medicine, a joint venture between Sutter Health and Santa Clara University. The gift, announced Friday, is the largest ever received by either…
jta.orgNonprofit Groups Reported Rising Burnout, Funding Challenges and Increased Demand
A report released this week found that 46 percent of nonprofit CEOs surveyed described their own burnout as a very serious concern, up from 29 percent a year earlier. Nearly three-fourths of leaders reported higher demand for services since January 2025, while about 60 percent sa…
Nonprofits Report Rising Demand, Staff Reductions and Budget Pressures After Federal Funding Changes
A Center for Effective Philanthropy survey of 380 nonprofit leaders found nearly three-quarters reported increased demand for services due to program cuts. The report details widespread financial strain, with 39% of organizations reporting budget deficits in fiscal 2025. Philanth…
propublica.orgKoch Network Says Political Spending Is Under 10% of Efforts as Charles Koch's Lifetime Giving Tops $2 Billion
Chase Koch, 48, of Wichita, Kansas, told TIME the Koch network devotes less than 10% of its efforts to politics and more than 90% to community-based solutions. Charles Koch, 90, has transferred nearly $6 billion in nonvoting shares to nonprofits while his personal giving passed t…
thehindu.comNvidia CEO Foundation Buys $108 Million in AI Computing from CoreWeave for Researchers
The foundation associated with Nvidia's CEO has purchased $108 million worth of AI computing resources from CoreWeave. The computing capacity will be donated to researchers. The transaction was reported on May 14, 2026.
marketwatch.comAlex Soros' Open Society Foundations Commit $30 Million to Groups Fighting Antisemitism and Anti-Muslim Hate
Open Society Foundations will direct $30 million to organizations combating antisemitism and anti-Muslim hate in the United States and worldwide. The announcement was made by Alex Soros. The investment marks a coordinated effort to address both forms of hate simultaneously.
foxnews.comWashington University in St. Louis Receives $200 Million to Create New School of Public Health
The $200 million gift through the couple's family foundation will establish and name a newly created school of public health. The donation represents one of the largest single commitments to the St. Louis institution. Washington University officials said the pledge will support e…
news.sky.comBradley Foundation Awards $300,000 Prize to Three Scholars and Former Senator
The Lynde and Harry Bradley Foundation named former Texas Sen. Phil Gramm, University of Florida professor James Hankins and Rabbi Meir Soloveichik as its 2026 Bradley Prize recipients. The three were chosen from 60 nominees. The awards will be presented at a ceremony Thursday ev…
today.comNC State Commencement Speaker Announces He Will Pay Off Loans for Wilson College of Textiles Class of 2026
Anil Kochhar announced he and his wife would pay off senior-year student loans for the Wilson College of Textiles class of 2026, honoring his late father, an NC State alumnus from 1946. The gesture drew cheers and a standing ovation at the May 8 ceremony. Separately, a University…
jpost.comGates Foundation Donated $5 Million to International Peace Institute After Epstein Introduction in 2013
A Fortune investigation reveals Jeffrey Epstein connected the International Peace Institute with the Gates Foundation and advised its staff on securing a $5 million donation. Former Epstein assistant Svetlana Pozhidaeva described how he used the arrangement to keep her in his orb…
nypost.comEmails Show Jeffrey Epstein Leveraged International Peace Institute and Gates Foundation Ties
Emails released by the Department of Justice earlier this year detail how Jeffrey Epstein used connections to the International Peace Institute and the Gates Foundation to offer jobs and visa recommendations to women in his orbit. One former assistant described being presented wi…
ForbesBusiness Owners Face Transition After Selling Their Companies
Many business owners who sell their companies experience a shift from structured routines to open time that can create both relief and a sense of void. The author, who sold his business, said the exit did not mark an end but required new intentional planning similar to building t…
ForbesGold House Holds Fifth Annual Gold Gala In Los Angeles
Gold House hosted its fifth annual Gold Gala on May 9, 2026 at the Music Center in Los Angeles. The event honored the 2026 Gold100 List of the 100 most impactful Asian Pacific leaders and presented special awards to several individuals. More than 650 people attended the ceremony…
jta.orgKoum Family Foundation Donates $200 Million to Shaare Zedek Medical Center
The Koum Family Foundation has donated $200 million to Shaare Zedek Medical Center in Jerusalem. The gift, the largest single donation ever made to an Israeli hospital, will fund a new 24-story medical tower and result in the facility being renamed Koum Shaare Zedek Medical Cente…
news.mit.eduUSC Renames Computing School After Receiving $200 Million Gift From Nvidia Director Mark Stevens
Billionaire Nvidia board member and USC alumnus Mark Stevens and his wife Mary are donating $200 million for a universitywide artificial intelligence initiative. The gift, one of the largest in the school's 146-year history, will rename the School of Advanced Computing after the…
Jeffrey Epstein Facilitated Gates Foundation Funding and Assistant Placements at International Peace Institute
Svetlana Pozhidaeva, 31 in September 2015 and an assistant to Jeffrey Epstein for about five years, attended a pandemic preparedness conference at the Palais des Nations in Geneva while wearing a dress Epstein bought her in Paris. Epstein introduced the International Peace Instit…
nypost.comGates Foundation Gave $5 Million to International Peace Institute After Epstein Introductions, 2013–2020
Svetlana Pozhidaeva, 31 and an Epstein assistant for about five years as of September 2015, attended a pandemic preparedness conference at the Palais des Nations that Epstein told her she would help orchestrate with the International Peace Institute and Gates Foundation.
jta.orgWhatsApp Co-Founder Donates $200 Million to Jerusalem Hospital
WhatsApp co-founder Jan Koum has given $200 million to Shaare Zedek Medical Center in Jerusalem. The donation is the largest ever made to an Israeli hospital. Koum previously donated $6 million to the Elad organization.
TechcrunchUSC Receives $200 Million Gift to Create New School of Computing and Artificial Intelligence
The gift, one of the largest in the university's 146-year history, renames its School of Advanced Computing after the couple and funds a universitywide push into artificial intelligence. Mark Stevens, a USC alumnus and early Nvidia investor, has a long history of giving to the sc…
The Free PressTed Turner, Founder of CNN and TBS, Dies at 87
The media mogul who launched the first 24-hour cable news network on June 1, 1980, in Atlanta died Wednesday. President Donald Trump and current CNN leaders paid tribute to his transformative career in broadcasting, sports and philanthropy. Turner built an empire from a small UHF…
680news.comGap Co-Founder Doris Fisher Dies at 94 Surrounded by Family
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's merchandiser for nearly four decades and helped build it into a global brand generating over $15 billion in annual sales. Fisher is survived by thre…
680news.comGap Co-Founder Doris Fisher Dies at 94 in San Francisco
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's merchandiser for nearly four decades and helped build it into a global retailer with over $15 billion in annual sales. Her legacy includes philanthr…
cnbc.comBlackstone CEO Steve Schwarzman Hosts 10th Reunion for Schwarzman Scholars Program in Beijing
Steve Schwarzman, CEO and Chairman of Blackstone, hosted 1,300 alumni at the 10th reunion of the Schwarzman Scholars program at Tsinghua University in late April. The event featured a keynote address and panel discussion amid reflections on U.S.-China relations. The program, insp…
thewrap.comSenator Warren Comments on Bezos's Met Gala Sponsorship and Taxes
U.S. Senator Elizabeth Warren stated that Jeff Bezos's $10 million sponsorship of the Met Gala indicates he can afford to pay more in taxes. The remark highlights ongoing discussions about taxation of high-wealth individuals. The Met Gala is an annual fundraising event for the Me…
680news.comGap Co-Founder Doris Fisher Dies at 94 After Building Retail Empire
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's fashion merchandiser for nearly four decades and helped expand it into a global brand generating over $15 billion in annual sales. Fisher is survive…
tvinsider.comDenis Leary Hosts FDNY Training Event to Raise Funds for Firefighters Foundation
Actor-comedian Denis Leary organizes an annual 'Firefighter for a Day' event with the FDNY to support his Leary Firefighters Foundation. Participants experience hands-on training, helping raise funds for grants to fire departments nationwide. The initiative began in 2016 and mark…
abcnews.go.comDenis Leary's Foundation Hosts FDNY Training Event to Raise Funds for Fire Departments
Actor Denis Leary's Leary Firefighters Foundation organizes an annual 'Firefighter for a Day' event with the FDNY, allowing civilians to experience firefighter training. The program, started in 2016, raises funds for equipment and training grants to fire departments nationwide. P…
Substrate placeholder — needs reviewForbes Adjusts Billionaire Net Worth Rankings to Include Value of Charitable Donations
Forbes recalculated the net worths of top billionaires by adding back their charitable donations, assuming retained shares and invested cash. Elon Musk remains the richest with an adjusted $858 billion, while philanthropists like Warren Buffett and Bill Gates see significant rank…
Substrate placeholder — needs reviewBrain-Health VC Fund Backed by Sergey Brin Shuts Down and Merges into Family Office
Nexus NeuroTech Ventures, a venture capital fund focused on brain health with $200 million in assets, ceased operations on March 31, 2026. The firm, backed by Google co-founder Sergey Brin, is merging into his family office, Bayshore Global Management. The portfolio included 15 c…
Substrate placeholder — needs reviewGates Foundation Announces Epstein Review and Staff Restructuring
The Gates Foundation has initiated an external investigation into its past interactions with Jeffrey Epstein, as announced by CEO Mark Suzman. This review coincides with Bill Gates' scheduled congressional testimony in June and a planned reduction of 500 jobs by 2030. The moves f…
Substrate placeholder — needs reviewGates Foundation Announces Epstein Ties Review, 20% Staff Cut by 2030
The Gates Foundation has initiated an external review of its past connections to Jeffrey Epstein while announcing plans to eliminate up to 500 jobs by 2030. The foundation aims to cap operating expenses at $1.25 billion amid a 2026 budget of about $9 billion. Bill Gates is set to…
SemaforJohn Arnold Announces Arnold Ventures' Focus on Online Gambling Regulation on Semafor Show
Philanthropist John Arnold announced plans to address online gambling through his organization Arnold Ventures. He stated concerns about its effects on young men and urged state officials to consider negatives alongside benefits. Arnold highlighted growth in prediction markets an…
Substrate placeholder — needs reviewMaria Bartiromo Receives 2026 Horatio Alger Award in Washington D.C.
Maria Bartiromo, host of Fox Business's Mornings with Maria and Fox News's Sunday Morning Futures, received the 2026 Horatio Alger Award on Friday night in Washington, D.C. The award recognizes individuals who have achieved professional success after overcoming obstacles. Bartiro…